12/454 Borman Road, Flagstaff, Hamilton

Nestled in the prime Flagstaff area of Hamilton, this 2019-built residential apartment at 12/454 Borman Road offers a perfect blend of convenience and comfort. With a floor area of 112 square meters, the 3-bedroom unit, featuring mixed-material walls and an iron roof in good condition, provides an ideal space for first-home buyers, astute investors, and professionals seeking a lock-and-leave lifestyle. The property, held under a Unit Title, includes a private carpark and boasts an open-plan kitchen with Bosch appliances, a breakfast bar, and a dining area that flows seamlessly into the living space and outdoor entertainment area, offering views of the reserve.

Boasting a CV of $755,000 as of September 2021, the property has seen a significant increase of 42.45% from its 2018 CV of $530,000. The HouGarden AVM estimates the property's value at $735,000, while the latest sales were recorded at $610,000 in November 2020 and $550,000 in April 2019. This indicates a promising investment with strong capital value growth potential.

For families with school-aged children, the property falls within the highly sought-after school zones of Te Ao Marama School, Rototuna Junior and Senior High Schools (both decile 10), and Te Rapa School. Close proximity to a variety of shops, cafes, and The Base shopping center adds to the allure of this desirable address.

Updated on September 02, 2024